Silver Tiger Metals (TSX-V:SLVR) (OTCQX:SLVTF) is taking the next major step toward production: The company recently awarded an EPCM (Engineering, Procurement, and Construction Management) contract for its El Tigre silver-gold project in Mexico and is providing a comprehensive construction update. In a conversation with CEO Glenn Jessome, we discuss the significance of this milestone, the current status of construction preparations, and the timeline to initial production.

Of particular interest: In addition to the operational progress, recent studies underscore the project’s economic strength. A Preliminary Economic Assessment for the underground mine projects an after-tax net present value of USD 304 million. An updated Pre-Feasibility Study for the stockwork zone projects an after-tax NPV of USD 456 million.

Courtesy of Silver Tiger Metals via Gold Invest